Deep dive on Sea Limited
Liked this! Gives me more conviction to buy
I ran businesses in SEA, especially on Lazada & Shopee and I have to say:
This is pure masterpiece.
Too kind - thank you! Would love to connect actually and chat more about your experience as a Shopee/Lazada merchant - do you have an email?
do you think Shopee is better?
Great work!
May i know the formula in deriving the valuation? (just simply use NTM EBITDA multiples * Adj EBITDA?)
Hey Kenneth, yep it's just revenue multiple x NTM revenue since Shopee is valued on revenue mults given lack of profitability
Liked this! Gives me more conviction to buy
I ran businesses in SEA, especially on Lazada & Shopee and I have to say:
This is pure masterpiece.
Too kind - thank you! Would love to connect actually and chat more about your experience as a Shopee/Lazada merchant - do you have an email?
do you think Shopee is better?
Great work!
May i know the formula in deriving the valuation? (just simply use NTM EBITDA multiples * Adj EBITDA?)
Hey Kenneth, yep it's just revenue multiple x NTM revenue since Shopee is valued on revenue mults given lack of profitability